Black Hawk Acquisition Co. (NASDAQ:BKHA) Sees Significant Decrease in Short Interest

Black Hawk Acquisition Co. (NASDAQ:BKHA) was the target of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 2,200 shares, a drop of 43.6% from the November 15th total of 3,900 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 15,500 shares, the short-interest ratio is presently 0.1 days.

Black Hawk Acquisition Price Performance

NASDAQ:BKHA remained flat at $10.35 during mid-day trading on Friday. 1 shares of the company were exchanged, compared to its average volume of 28,210. Black Hawk Acquisition has a 52 week low of $10.09 and a 52 week high of $10.46. The business’s 50-day simple moving average is $10.32 and its two-hundred day simple moving average is $10.22.

Institutional Investors Weigh In On Black Hawk Acquisition

Several institutional investors have recently bought and sold shares of BKHA. TrueMark Investments LLC acquired a new stake in Black Hawk Acquisition in the 2nd quarter worth approximately $200,000. Wolverine Asset Management LLC purchased a new stake in shares of Black Hawk Acquisition during the second quarter valued at $1,014,000. Cowen AND Company LLC acquired a new position in shares of Black Hawk Acquisition in the 2nd quarter valued at $544,000. Warberg Asset Management LLC purchased a new position in Black Hawk Acquisition in the 2nd quarter worth $752,000. Finally, Clear Street LLC acquired a new stake in Black Hawk Acquisition during the 2nd quarter worth about $531,000.

Black Hawk Acquisition Company Profile

Black Hawk Acquisition Corporation focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in Danville, California.